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Corum acquires retail asset in Catalonia
04 October 2019 | Vanessa Sousa

A 5.890 sqm retail asset located in the Catalonian city of Tarragona was acquired by investment fund Corum this Thursday.

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Wala, the company which currently occupies the building and will continue doing so after concluding a sale&leaseback operation, will remain occupying the building as Corum’s tenant. Consultant aRetail advised the operation in representation of Corum.

According to daily newspaper Eje Prime, Corum’s investment radar in Spain is mainly focused on the logistic segment, carrying out operations that preferably will provide it long-term profitability. This was one such operation, according to the same newspaper, since this asset’s profitability reaches 6%.